The Federal Government has restated its plan to strengthen trade and investment relations with the United States as part of ongoing efforts to grow Nigeria’s economy. This was made public through a statement issued on Tuesday by Mr Mohammed Manga, Director of Information and Public Relations at the Ministry of Finance.
During a meeting with the US Consul General to Nigeria, Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, reaffirmed the government’s focus on international partnerships. Represented by the Ministry’s Permanent Secretary, Mrs Lydia Jafiya, Edun said Nigeria is open to new areas of collaboration that can expand investment opportunities, promote innovation, and support sustainable growth.
He emphasized that President Bola Tinubu’s Renewed Hope Agenda is centered on building a business-friendly environment that encourages foreign direct investment. Edun noted that closer cooperation between Nigeria and the United States fits into the broader economic reform plan, which includes strengthening the private sector, improving fiscal management, and ensuring more inclusive development.
In response, the US Consul General, Mr Richard Swart, praised Nigeria’s economic reforms and confirmed America’s commitment to working closely with the country. He described the relationship between both two nations as strong and long-standing.
Swart expressed readiness to deepen collaboration in trade, investment, and capacity building, with a shared goal of driving inclusive economic growth and better living conditions for Nigerians. He also highlighted the importance of fair policies that support US businesses looking to invest and grow within Nigeria’s economy.
